How Credit Card Statements Work
Recently there were changes to the credit card statement, they added a box to give costumers more info on their monthly statements. These changes make people become more aware of what they are paying, or getting charged for. If you jst pay the minimum balance every moth, you could be paying twice as much by the time you pay it off. The trick is to pay the full amount and just get it over with.
Don't Fall For It
Almost every credit card you sign up for will have a perk or rewards to give you. They say if you spend this much money you get this amount of discount, or with every dollar you spend you get a point, or if you buy more than $50 worth of stuff you get a stamp and when you get 10 stamps you can get a free item. They might sound good in the beginning but in the long run can turn your world upside down, with these perks you can get caught up in them and not worry about how much your spending and go into debt and have you credit score go down, so be smart and dont get sucked in.
Keeping Your Credit Card Statement Secure
If you receieve your credit card statements in the mail, you should switch it to gettingit sent to you online, because people can just go up to your mailbox and take it and have access to that statement,Use cash in resturants and ratail shops, shread all your credit statements after reading and recieveing them, and last make sure you have a security questions that the banks ask before you take any money out, just in case someone was to steal your statement/ credit card they could do serious damamge or order a additional credit card.